£354,533
This estimated value is based upon the latest sale price for the house of £350,000 on 27 Sep 2023. This value is then adjusted by the current Official House Price Index for WEST SUSSEX 1
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Price Paid | Date |
---|---|
£350,000 | 27 Sep 2023 |
£330,000 | 22 Dec 2021 |
£315,000 | 15 Jun 2018 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST SUSSEX to estimate the market value.
When this house was purchased in September 2023 the House Price Index for WEST SUSSEX was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £350,000 results in an estimated price of approximately £354,533.
27 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 148.6 | 1.295 % | £350,000 | £4,533 | £354,533 |
The Postcode Pricing Model uses changes in average sales price within the RH11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 13.691 % | £47,918 | £397,918 |
3 Month Average | -12.453 % | £-43,585 | £306,414 |
6 Month Average | -2.663 % | £-9,319 | £340,680 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £346,055 | £340,000 | 12 MOUNTBATTEN CLOSE |
27 Sep 2023 | £354,533 | £350,000 | 17 WINDSOR CLOSE |
22 Apr 2022 | £442,814 | £430,000 | 10 VULCAN CLOSE |
25 Feb 2022 | £432,062 | £412,000 | 8 MOUNTBATTEN CLOSE |
14 Jan 2022 | £336,771 | £320,000 | 8 VULCAN CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 13 Sep 2017. Using an estimated price of £354,533 means this house is valued at £4,271 per sq meter (£396 per sq foot).
The average size of a house on WINDSOR CLOSE is 111 sq meters (1,195 sq feet).